Author Question: The factor that sets the floor for a product's price is: (Read 49 times)

sjones

  • Hero Member
  • *****
  • Posts: 520
The factor that sets the floor for a product's price is:
◦ Elasticity
◦ Cost
◦ Availability
◦ Quality


joshbk44

  • Sr. Member
  • ****
  • Posts: 340

Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

sjones

  • Hero Member
  • *****
  • Posts: 520
Excellent



joshbk44

  • Sr. Member
  • ****
  • Posts: 340
Great! Please up vote :D



 

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

For a complete list of videos, visit our video library